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t He Crux Company uses UFO for inventory costing and reports the following financial dots. It also tecomputed Inventory and cost of goods told using

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t He Crux Company uses UFO for inventory costing and reports the following financial dots. It also tecomputed Inventory and cost of goods told using FIFO for comparison purposes Year Year! LTO Inventory 5170 $ 120 LIFO cost of boods sold 750 690 Inventory 200 14 FIFO cost of goods sold Tos 690 Current assets using LIFO) >30 200 Current assets (usine FIFO) 225 Current librities 130 160 1. Compute its current ratio, Inventory tumover and day sales in inventory for Year 2 using ( UFO numbers and (AFO numbers ( Computats current ratio, inventory turnovec and days' sales in inventory for Year 2 using LIFO numbers Numerator Denominator Ratio Contato metry now Dars sales in inventory 0 b) Computs its current to inventory turnover and day sales in inventory for Year 2 using FIFO Numerator Denominator Ratio Currento Inventory turtover Day sa iny

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